NCS Multistage insider share transactions reported
NCS Multistage Holdings, Inc. (symbol: NCSM) is the issuer of record for a Form 4 filing submitted to the SEC.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
NCS Multistage Holdings, Inc. (symbol: NCSM) is the issuer of record for a Form 4 filing submitted to the SEC.
Insider Trade Summary
Net Seller: 1,478,426 shares
Net Sell
1 txn
Insider
ADVENT INTERNATIONAL, L.P., ADVENT INTERNATIONAL GP, LLC, Advent-NCS Acquisition Limited Partnership
Role
10% Owner | 10% Owner | 10% Owner
Sold
1,478,426 shs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 1,478,426 | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, See footnotes)
Footnotes (3)
- F1. The reported securities were disposed of in connection with the consummation of a merger of the Issuer into a wholly-owned subsidiary of Weatherford International plc, for aggregate consideration of $19,666,839.72 in cash and 357,159 ordinary shares of Weatherford International plc.
- F2. The reported amount gives effect to a 1-for-20 reverse stock split on December 1, 2020.
- F3. The board of Advent International GP, LLC appoints the investment committee of Advent International, L.P. (together, "Advent" and the "Investment Committee," respectively). Such Investment Committee has voting and investment power with respect to the securities that were directly held by Advent-NCS Acquisition Limited Partnership on behalf of various funds and accounts managed by Advent (which may have been included on prior Statements filed with respect to the Issuer). Accordingly, Advent International, L.P. and Advent International GP, LLC may each be deemed to beneficially own the securities directly held by Advent-NCS Acquisition Limited Partnership. Each of the Reporting Persons disclaim such beneficial ownership, except to the extent of their respective pecuniary interest therein, if any, and this Statement shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or any other purpose.
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